Money

SMEs can now link DBS accounts to cloud service

DBS Bank and cloud accounting firm Xero have introduced a system that speeds up account management for small businesses.

SMEs can now link DBS bank accounts with Xero's cloud accounting platform

SINGAPORE - DBS Bank and Xero, a leading cloud accounting platform, have come up with a way for small businesses to connect their DBS business banking accounts to Xero immediately, said the two...

Bank lending's uptrend seen being sustained in H2

BANK lending in Singapore may sustain its momentum into the second half of the year amid an improving economic outlook.

Singapore bank lending up 0.4% in June: MAS

BANK lending in Singapore rose 0.4 per cent in June from the month before, preliminary data from the Monetary Authority of Singapore on Monday showed.

No more paperwork as SMEs open OCBC bank accounts using iPads

SINGAPORE - Owners of small and medium-sized enterprises (SMEs) can now open an account with OCBC Bank without signing multiple forms or filling in the same details several times.

ST Engineering sets up US$150m corporate venture capital unit, opens innovation lab

ST Engineering on Tuesday said it has set up a corporate venture capital unit to invest in promising technology startups and early-stage companies, offering not just funding, but also access to the...

Banks go digital with services for startups and SMEs

TWO local banks have launched digital services to help startups and small and medium enterprises (SMEs) with their administrative processes, with one bank claiming that it has cut down the process...

E-payments in Singapore get a Stripe fillip

ADVANCEMENTS in digital payments shaped Singapore's payments landscape in July, allowing many Internet businesses to sell to a wider audience and more quickly adapt to "new retail", a phenomenon...

Singapore retailers can move faster to embrace 'new retail'

WHILE Singapore retailers are innovating and coming to terms with e-commerce, they can move even faster to adapt to "new retail", said observers. "New retail", a phenomenon recently coined by...

OCBC's Pay Anyone app now generates QR codes for payment

OCBC Bank has introduced a new feature to its Pay Anyone app, which will allow users to generate their own unique QR codes to receive payments from or send money to other users of the app.